Luigi Thirty posted:

I saw an article that compared student loan debt for STEM majors to venture capital for future entrepreneurs

Hurt Whitey Maybe posted:

let's make a startup that offers stemgineers money for college in exchange for 20% of their lifetime earnings.

lyfestartr

Pinterest Mom posted:

indentured servitude

Hurt Whitey Maybe posted:

let's make a startup that offers stemgineers money for college in exchange for 20% of their lifetime earnings.

lyfestartr

Pinterest Mom posted:

Nagato posted:

the problem is never the corporation. the problem is always the people who are too stupid to know whats good for them

http://thelastpsychiatrist.com/2012/09/the_nanny_state_didnt_show_up.html

Hurt Whitey Maybe posted:

I didn't believe it already existed and http://www.nytimes.com/2013/07/20/your-money/unusual-student-loan-programs-link-to-future-earnings.html?_r=0

Hurt Whitey Maybe posted:

I didn't believe it already existed and http://www.nytimes.com/2013/07/20/your-money/unusual-student-loan-programs-link-to-future-earnings.html?_r=0

uncurable mlady posted:

Haha ok so upstart was what I was thinking of but if you check their site they've pivoted already to just doing subprime loans but with an app

Nagato posted:

the problem is never the corporation. the problem is always the people who are too stupid to know whats good for them

http://thelastpsychiatrist.com/2012/09/the_nanny_state_didnt_show_up.html

Mr Dog posted:

these ppl tend to be heavy on privilege and light on actual gifts tbh although unfortunately a lot of genuinely talented coders are also loving terrible people (c.f. John Carmack)

Subjunctive posted:

what's wrong with Carmack? he seems very nice and reasonable

FMguru posted:

iirc hes a hardcore just-world libertarian (and maybe a biotruther)

Subjunctive posted:

I knew he was libertarian, though he keeps his politics out of the office AFAICT, but I didn't think it extended to being an awful person. hmm.

John Carmack posted:

My core thesis is that the federal government delivers very poor value for the resources it consumes, and that society as a whole would be better off with a government that was less ambitious. This is not to say that it doesn’t provide many valuable and even critical services, but that the cost of having the government provide them is much higher than you would tolerate from a company or individual you chose to do business with. For almost every task, it is a poor tool.

So much of the government just grinds up money, like shoveling cash into a wood chipper. It is ghastly to watch. Billions and billions of dollars. Imagine every stupid dot-com company that you ever heard of that suckered in millions of dollars of investor money before leaving a smoking crater in the ground with nothing to show for it. Add up all that waste, all that stupidity. All together, it is a rounding error versus the analogous program results in the government. Private enterprises can’t go on squandering resources like that for long, but it is standard operating procedure for the government.

Well, can’t we make the government more efficient, so they can accomplish its tasks for less, or do more good work? Sure, there is room for improvement everywhere, but there are important fundamental limits. It is entertaining to imagine a corporate turnaround expert being told to get the federal house in shape, but it can’t happen. The modern civil service employment arrangement is probably superior to the historic jobs-as-political-spoils approach, but it insulates the workforce from the forces that improve commercial enterprises, and the voting influence of each worker is completely uncorrelated with their value. Without the goal and scorecard of profit, it is hard to even make value judgments between people and programs, so there are few checks against mounting inefficiency and abject failure, let alone evolution towards improvement.
[...]
However, a lot is done in the name of misplaced idealism. It isn’t hard to look around the world and find something that you feel needs fixing. The world gets to be a better place by people taking action to improve things, but it is easy for the thought to occur that if the government can be made to address your issue, it could give results far greater than what you would be able to accomplish with direct action. Even if you knew that it wasn’t going to be managed especially well, it would make up for it in volume. This has an obvious appeal.

Every idealistic cry for the government to “Do Something” means raising revenue, which means taking money from people to spend in the name of the new cause instead of letting it be used for whatever purpose the earner would have preferred.
[...]
Helping people directly can be a noble thing. Forcing other people to do it with great inefficiency? Not so much. There isn’t a single thing that I would petition the federal government to add to its task list, and I would ask that it stop doing the majority of the things that it is currently doing. My vote is going to the candidates that at least vector in that direction.

Chris Knight posted:

governments are hella efficient when you let them

Subjunctive posted:

what's wrong with Carmack? he seems very nice and reasonable

quote:

the cost of having the government provide them is much higher than you would tolerate from a company or individual you chose to do business with. For almost every task, it is a poor tool.

jre posted:

*cough* american healthcare *cough*

Subjunctive posted:

isn't public healthcare in the US also inefficient? like, highest per-capita public spending in the world for bad outcomes?

Subjunctive posted:

isn't public healthcare in the US also inefficient? like, highest per-capita public spending in the world for bad outcomes?

Pinterest Mom posted:

yes that is the joke dot pee en gee you got it.

quote:

We are the highest per-capita in the world across the board in spending. The US's public healthcare programs are administered by health insurance companies under the oversight of the government.

Pinterest Mom posted:

yes that is the joke dot pee en gee you got it.

triple sulk posted:

rip all those people in the plane crash

triple sulk posted:

rip all those people in the plane crash

quote:

Mayor: Area of crash site is sparsely populated

The mayor of the French community of Barcelonnette, near the crash site, told CNN affiliate BFMTV that emergency responders had been sent to the crash area. A helicopter has also been deployed to try to locate the precise crash site, he said.

The valley is long and snow-covered, and access is difficult, Barcelonnette Mayor Pierre Martin-Charpenel said. It was well populated in the 19th century but there are almost no people living there now, he said.

It's an out-of-the-way place with magnificent scenery, he said.

Just-In-Timeberlake posted:

christ cnn is garbage

Just-In-Timeberlake posted:

christ cnn is garbage




Yes, once we clear out the bodies you should come for vacation